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Search Results 0 to 16 of about 17 (some duplicates have been removed)
by rose communications from our studios in new york city, this is charlie rose. >> rose: in less than four days $85 billion in aubling spending cuts will begin to ripple through the u.s. onomy. the impact will be felt across society from education, to medical care to national defense. the sequester deadline imposed in the summer of 2011 was intended to sharpern the government's focus on the fat debt. president obama pushed for a last minute compromise to lessen the economic damage. >> these impacts will not all be felt on day one. but rest assured the uncertainty is already having an effect. companies are preparing layoff notices. families are preparing to cut back on expenses. and the longer these cuts are in place, the bigger the impact will become. >> these cut does not have to happen. congress can turn them off any time with just a little bit of compromise. >> rose: steve rattner has had a distinguished career in journalism, business and government, instrumental in turning around the automobile industry, and currently chairman of advisors and the economic analyst for msnbc's morning jo
there is a school of thought that people whisper about here in the city which is he's going to spend two years trying to draw lines just like he did in the real act and hope that the last two years of this last term he gets back control of the house, keeps control of the senate and finds a way to deal with these issues in a bartson way rather than bay partisan. >> rose: you can do anything in the last two years of your term because the attention is on the election of 2016. >> historically it's not the best possible but to paraphrase the president, we've never had a president before named barack obama and he's defied lots of things. right now, you know, it's common, it was common in the end in the first term to say if you took the politics out of it, john baron -- been without the personalities and complexities of the policies of the house with the democrats and republicans and the senate they are too fundamentally at odds how to get new revenue the balance between taxes and tax reform and spending cuts and where they should come from i think as i said before they're farther apart on specif
Search Results 0 to 16 of about 17 (some duplicates have been removed)

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